The volume of goods transported by railway in Austria stood at 22.27 billion tonne-kilometers in 2023. Observing the trend from 2013 through 2023, the transport volume has shown periods of both growth and slight contraction. Notable year-on-year variations include peaks in growth for the years 2014 and 2016, with increases of 8.38% and 8.23% respectively. Recent years saw only marginal changes, with a 0.85% increase in 2022 and a 0.46% increase in 2023. Over the last two years, the compound annual growth rate (CAGR) hovered around 0.25%.
Looking ahead to forecasted data from 2024-2028, the transportation volume is expected to grow modestly, with an average CAGR of 0.68%. The overall growth rate over the five-year period is projected to be 3.44%, indicating a steady but slow growth trajectory.
Future trends to watch for:
- Sustainability measures influencing transport modes.
- Technological advancements enhancing railway efficiency.
- Potential shifts from road to rail for environmental benefits.